Options research · Scenario tools

Explore the range
behind the price.

Explore how implied volatility changes the range of underlying prices around an options position.

Illustrative inputs · No live feedThese tools calculate scenarios. Volatility and funding-basis contracts are not available to trade.

Expected-move scenario

01 / Inputs

Underlying

Enter your own observations. Switching the underlying does not load prices or rates.

Underlying price (USD)Annualized implied volatility (%)Horizon (calendar days)

BTC scenario

02 / Results

Approximate one-standard-deviation move

±$8,600.73

Lower reference: $51,399.27
Upper reference: $68,600.73
Move / spot: 14.33%

Spot × IV × √(days / 365). A simplified constant-volatility estimate for a 24/7 market, not a price forecast or an option payoff. The lower reference is floored at zero.

Explore BTC options ↗

Why it belongs with options

Price is only part of the picture.

Implied volatility is inferred from option prices. Higher IV generally raises the value of vanilla calls and puts when other inputs stay unchanged. This calculator helps compare scenarios before choosing a strike and expiry.

A tradable C-VIX-style index requires a defined options basket, verified oracle and settlement infrastructure. This expected-move tool is not that index.